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The Human Potential And Its Role In Business Development

Author

Listed:
  • DUMITRU, Raluca-Ana-Maria

    (Spiru Haret University)

Abstract

Through its object of activity, an economic organization has the role to efficiently use the means of production that it possesses in terms of the full utilization of the production capacities, of a high quality of the products and of obtaining profit. Companies need their human, material, financial, informational resources etc., resources that they have at a certain moment in order to accomplish the mission and strategic objectives around which their entire activity revolves. Although technical progress has substantially reduced man's presence in some production processes, no economic process has been noticed at any stage in the evolution of humanity that can replace by man's contribution. On the contrary, this involvement becomes more and more substantial, as man conceives and produces the productive apparatus necessary to meet his ever more diverse needs

Suggested Citation

  • DUMITRU, Raluca-Ana-Maria, 2017. "The Human Potential And Its Role In Business Development," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 17(4), pages 47-58.
    • Handle: RePEc:ris:sphecs:0275
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    More about this item

    Keywords

    human potential; human resource; workforce; business; technical progress;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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